PNC Financial Services Group, Inc.

PNC

US6934751057

Banks

Market Closed - Nyse Other stock markets 04:00:01 2024-04-29 pm EDT			5-day change	1st Jan Change
155.8 ^USD	-0.21%		-0.10%	+0.60%

Apr. 19	PNC Financial Viewed as 'Good Long-Term' Holding in Banking Group as Q1 Results Close to Expectations, Oppenheimer Says	MT
Apr. 18	Goldman Sachs Leads Multiple High-Grade Bond Sales	MT

The PNC Financial Services Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 16, 2024 at 06:33 am EDT

The PNC Financial Services Group, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 3,264 million compared to USD 3,585 million a year ago. Net income was USD 1,330 million compared to USD 1,677 million a year ago.

Basic earnings per share from continuing operations was USD 3.1 compared to USD 3.98 a year ago. Diluted earnings per share from continuing operations was USD 3.1 compared to USD 3.98 a year ago.

Latest news about PNC Financial Services Group, Inc.

PNC Financial Viewed as 'Good Long-Term' Holding in Banking Group as Q1 Results Close to Expectations, Oppenheimer Says	Apr. 19	MT
Goldman Sachs Leads Multiple High-Grade Bond Sales	Apr. 18	MT
Jefferies Cuts PNC Financial Services' Price Target to $162 From $171	Apr. 17	MT
BofA Ups Price Target on PNC Financial Services to $168 From $165, Keeps Neutral Rating	Apr. 17	MT
Morgan Stanley Adjusts PNC Financial Services Group Price Target to $167 From $158	Apr. 17	MT
Goldman Sachs Cuts PNC Financial Services' Price Target to $158 From $168	Apr. 17	MT
DA Davidson Raises Price Target on PNC Financial Services to $163 From $159, Keeps Buy Rating	Apr. 17	MT
Evercore ISI Adjusts PNC Financial Services Group's Price Target to $175 From $184, Keeps Outperform Rating	Apr. 17	MT
Sector Update: Financial Stocks Decline Late Afternoon	Apr. 16	MT
Big banks led by Citi continue layoffs amid pressure to cut costs	Apr. 16	RE
Top Midday Stories: UnitedHealth, Johnson & Johnson, Bank of America, Morgan Stanley, PNC, Bank of New York Mellon, Northern Trust and Ericsson Report Q1 Earnings; AMD Launches New Processors; Meta's Zuckerberg Wins Case Dismissal; Planet Fitness Names New CEO	Apr. 16	MT
The PNC Financial Services Group, Inc. Provides Net Charge-Offs Guidance for the Second Quarter of 2024	Apr. 16	CI
The PNC Financial Services Group, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year 2024	Apr. 16	CI
Transcript : The PNC Financial Services Group, Inc., Q1 2024 Earnings Call, Apr 16, 2024	Apr. 16
Market sentiment sours	Apr. 16
PNC Financial Services 1Q Profit, Revenue Fall	Apr. 16	DJ
Stock Futures Decline Pre-Bell as Traders Await More Earnings; Asia, Europe Down	Apr. 16	MT
PNC Financial Services Group's Q1 Adjusted Earnings, Revenue Fall	Apr. 16	MT
Earnings Flash (PNC) THE PNC FINANCIAL SERVICES GROUP Posts Q1 Revenue $5.15B, vs. Street Est of $5.24B	Apr. 16	MT
Earnings Flash (PNC) THE PNC FINANCIAL SERVICES GROUP Posts Q1 EPS $3.36, vs. Street Est of $3.08	Apr. 16	MT
PNC profit falls 21% amid weaker interest income	Apr. 16	RE
Tranche Update on The PNC Financial Services Group, Inc.'s Equity Buyback Plan announced on June 27, 2019.	Apr. 16	CI
The PNC Financial Services Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 16	CI
North American Morning Briefing : Powell Comments, -2-	Apr. 16	DJ
PNC Financial Services Group Keeps Quarterly Dividend at $1.55 Per Share, Payable May 6 to Shareholders of Record April 15	Apr. 03	MT

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Company Profile

PNC Financial Services Group, Inc. is one of the leading American financial service groups. Net sales break down by activity as follows: - retail banking (46.9%): sales of standard and specialized banking products and services (residential mortgage, leasing, factoring, insurance, etc.); - corporate, investment and market banking (43.3%); - asset management (7.6%); - other (2.2%). At the end of 2021, the bank had USD 457.3 billion in current deposits and USD 288.4 billion in current loans.

Sector

Banks

Calendar

2024-07-15 - Q2 2024 Earnings Release

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S&P 500

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Ratings for PNC Financial Services Group, Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

156.1 USD

Average target price

168.8 USD

Spread / Average Target

+8.15%

Consensus

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Quarterly earnings - Rate of surprise

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Other Banks

PNC Financial Services Group, Inc.

Equities

PNC

US6934751057

Banks

The PNC Financial Services Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

EPS Revisions